Diesel’s national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.
February 2, 2010Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
DOT Budget Proposes $4 Billion for New Infrastructure Bank
The Obama administration last week proposed a $4 billion “down payment” on a national infrastructure bank to supplement traditional highway funding, as part of its $78.8 billion budget proposal for the Department of Transportation.
February 8, 2010Opinion: Truck Driver Training: The Reality
We almost made it through 2009 without another national news exposé of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.
February 4, 2010C.H. Robinson’s 4Q Profit Declines
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.
February 2, 2010Diesel Drops 5.2¢ to $2.781 in Third Straight Decline
Hub Group’s 4Q Earnings Slide
Logistics, intermodal and brokerage firm Hub Group’s fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.
January 29, 2010Canadian Pacific’s 4Q Profit Grows 3%
Canadian freight railroad Canadian Pacific’s fourth-quarter net income grew 3% to C$194.1 million, or C$1.15, from C$188.1 million, or C$1.21, a year earlier, Reuters reported.
January 28, 2010Kansas City Southern’s 4Q Profit Falls
Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.
January 28, 2010Norfolk Southern’s 4Q Profit Drops 32%
Norfolk Southern Corp. reported that its fourth-quarter profit fell 32% from a year ago.
January 27, 2010CN Reports Higher 4Q Profit
Canadian National Railway Co. said its fourth-quarter net income rose to C$582 million, or $1.23 per share, from C$573 million or C$1.21 per share a year earlier.
January 26, 2010Diesel Falls 3.7¢ to $2.833 in Second Straight Decline
Diesel’s national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.
January 26, 2010